For saleSingle family
$239,000
1846 Clear Ave
Saint Paul MN 55119
3 beds, 2 baths, 1,098 sqft
1846 Clear Ave is a 3 beds, 2 baths, 1,098 sqft single family home for sale at $239,000 in Saint Paul MN 55119. At 20% down it rents for an estimated $1,900/mo and returns $194/mo a month at a 7.6% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $1,900/mo
- Monthly cash flow
- $194/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.9%
- Max offer
- $224,000
Offer ≤ $224,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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